I agree it is best to preserve your capital and not to risk it on trying regain your former property levels too quickly. Some of the best property advise I received when I was starting out was don't borrow too much. this is why I really love Property Options because they allow you to move into the property market in much bigger ways than your…[Read more]

Of course liquidation and bankruptcy issues affect all property and real estate equally. Stamp duty also applies to all real estate purchases, but stamp duty does not apply to property Options in NSW or Queensland, and even where it does apply to Options such as in Victoria, it is usually the ultimate purchaser that pays the stamp duty not the…[Read more]

Hi everyone,

This is a very important question regarding seller (owner) default which could present problems, however with an experienced approach and a correctly structured option contract the issue like all property issues can be managed to reduce or eliminate the risk to the option holder.

It is really important to remember that an option is…[Read more]

Hi Larsont,Perhaps there is another way of looking at options. Focusing on options for Reno's etc, is perhaps using options at their least effective. For example, why not buy the entire property under options, but not a reno property, but one that has far bigger capital improvement possibility. It takes the same amount of time and effort to put…[Read more]

Knowledge is essential, but it means nothing without getting out and doing it. what often happens is people do courses go to seminars and then when we leave those seminars we fall back into our 9 to 5 routine. TAFE courses and seminars don't give you any structure for you once you finish. A structured program of support and mentoring is essential…[Read more]

Hi Quantum Leap, My partner and I have been doing options deals successfully for over 2 years now and we are starting to expand as there is only so much 2 people can do. We attended a seminar in Brisbane in 05 and have developed a business model over this time that has massively added to what we learnt originally.We are based in Sydney and would…[Read more]